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Acoustical Arts, Inc.

$483,354 PPP Loan in Caro, Michigan

Loan Details

Loan Number
5716857000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$483,354
Current Approval
$483,354
Forgiveness Amount
$486,704
Forgiveness Date
Dec 28, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Acoustical Arts, Inc.
Address
3601 Mertz Rd.
City
Caro
State
Michigan
ZIP Code
48723-9550
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236115)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$7.3M
Rural/Urban
Rural
Congressional District
MI-09

Loan Use Breakdown

Payroll
$386,684
Rent
$92,820
Utilities
$3,850

Lender Information

Servicing Lender
Mayville State Bank
Originating Lender
Mayville State Bank

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